FONAR/GE Sells FONAR UPRIGHT™ Full
Range-of-Motion™ Multi-Position™ MRI
to Center for
Diagnostic Imaging (CDI)
MELVILLE,
NEW YORK, February 5, 2007 - FONAR Corporation (NASDAQ-FONR),
The Inventor of MR Scanning™,
announced today, that General Electric Healthcare (GEHC) (www.gehealthcare.com/usen/mr/fonar_standing_ovation/index.html)
a manufacturer's representative of FONAR, and FONAR have sold
a FONAR UPRIGHT™ Full Range-of-Motion™ Multi-Position™ MRI
to the Center for Diagnostic Imaging (CDI) of Minneapolis,
Minnesota.
Founded
by distinguished Spine Radiologist Dr. Kenneth Heithoff in
1981, CDI was one of the first outpatient imaging providers
in the country. CDI currently owns and operates 39 diagnostic
imaging centers in eight states, including Minnesota, Wisconsin,
Illinois, Indiana, Kansas, Missouri, Washington, and Florida.
CDI's distinction arose from its unwavering commitment to patient-centered
care and its subspecialized radiologists.
"The purchase of FONAR's UPRIGHT™ Full Range-of-Motion™ Multi-Position™ MRI
is foundational to our newly formed partnership with the Northwestern College
of Chiropractic (Northwest Health Science University). Through this collaboration,
we're committed to offering the most comprehensive imaging services to physicians
and our patients to meet their unique imaging needs, as well as furthering the
science of imaging for the chiropractic community," said Robert Baumgartner,
CEO of CDI. "In terms of MRI services, the addition of this Open UPRIGHT™ system means our patients have access under one roof to a 3T MRI, 1.5T MRI,
and axial loading in an upright/supine scanner. In addition, the open architecture
of this scanner provides another MR imaging option for severely claustrophobic
patients, as well as obese patients."
FONAR believes that
the ability of its new MRI technology to fully visualize all body parts, and
particularly the spine, fully weight-loaded and in its full range of normal positions,
is a key new capability it is bringing to MRI. In particular, the positioning
capability of the FONAR scanner permits the MRI operator, with the patient's
cooperation, to position the patient in the actual position that engenders his/her
symptoms, so that a picture can be taken of the patient's body part in the exact
position that generates his/her symptoms.
"FONAR's new
technology, that enables visualization of full weight-bearing flexion and extension
of these key body parts, will add a new dimension of service to CDI's state-of-the-art
imaging facility," said Raymond Damadian, M.D., president and founder of
FONAR. "We expect our UPRIGHT™ Multi-Position™ FONAR scanner will
increase the precision of radiologic diagnosis, which will mean improved outcomes
for patients," he continued.
About CDI
Headquartered in Minneapolis, Center for Diagnostic Imaging
(CDI) has been a leader in high-quality, cost-effective, outpatient
radiology imaging services since 1981, and currently owns and
operates 39 diagnostic imaging centers in eight states. CDI
partners with hospitals and health systems to offer physician-led,
outpatient radiology services and the expertise of subspecialized
radiologists focused on neurological, spine, musculoskeletal,
body, and cardiovascular imaging, in addition to advanced diagnostic
injections and pain management procedures. For more information
about CDI, visit www.CDIradiology.com.
About FONAR
FONAR® was incorporated in 1978, making it the first, oldest,
and most experienced MRI manufacturer in the industry. FONAR
introduced the world's first commercial MRI in 1980, and went
public in 1981. Since its inception, FONAR has installed many
hundreds of MRI scanners worldwide. Their current product line
includes the FONAR UPRIGHT™ Multi-Position™ MRI and
the FONAR 360™. The FONAR UPRIGHT™ Multi-Position™ MRI
(also known as the Stand-Up™ MRI), is the only whole-body
MRI that
performs Multi-Position™ imaging (mpMRI™) and scans
patients in numerous weight-bearing positions, i.e. standing,
sitting,
in flexion and extension, as well as the conventional lie-down
position. An additional benefit of the FONAR UPRIGHT™ Multi-Position™ MRI
is its non-claustrophobia. The only thing in front of the patient's
face is a 42-inch flat screen TV. With nearly one half
million patients scanned, the patient-friendly FONAR UPRIGHT™ Multi-Position™ MRI has a near zero claustrophobic rejection rate by patients.
As one FONAR user puts it, "if the patient
is claustrophobic in this scanner, they'll be claustrophobic
in my parking lot." Approximately 85% of patients are scanned
sitting while they watch the 42 inch flat screen TV. FONAR is
headquartered on Long Island, New York, and has approximately
400 employees.
#
The Inventor of MR Scanning™,
True Flow™ MRI, Stand-Up™ MRI, Upright™ MRI,
Dynamic MRI, Position™ MRI, Multi-Position™ MRI,
PMRI™ and The Proof is in the Picture™ are trademarks
of FONAR® Corporation.
This release may include
forward-looking statements from the company that may or may not
materialize. Additional information on factors that could potentially
affect the company's financial results may be found in the company's
filings with the Securities and Exchange Commission.
###
FONAR Corporation
110 Marcus Drive
Melville, N.Y. 11747
Tel. 631-694-2929
Fax. 631-390-9540
Email sales@FONAR.com
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